To configure settings for Time-Lapse recording, click the Settings icon from toolbar. On the Recording tab, select Advanced Screen Recording Options. Choose Time-Lapse recording and set the time interval value in seconds to 5. You can also set the playback speed of video.

Next, click the Record icon on the toolbar to start screen recording. When recording starts, one frame will be captured after every 5 seconds. When you playback the recorded file, the time appears to be moving faster.